Looking at the chart we can see quite an obvious head & shoulders pattern on the daily timeframe.
If we break the neckline the technical target will be around 690.
I also will be expecting a bounce in the 690 area.
If we break the neckline the technical target will be around 690.
I also will be expecting a bounce in the 690 area.
Comment:
Neckline broke, we're going down.